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. >>> a federal reserve survey found the economy held steady during the 16-day government shoulddown. the government released its beige book survey yesterday. seven of the bank's 12 banking districts found the growth moderate. most will not change its stimulus program when it meets on december 17th. >>> start the presses. "newsweek" is going back into print. paper copies of "newsweek" will begin rolling off the presses next year. "newsweek" stopped publishing print editions a year ago. the magazine's owner, ibt media, wants the weekly version to be paid for by subscription fees instead of advertising. no word on how much that magazine will cost. >>> well, the super bowl is still two months away but all the ad spots for the game broadcast have been sold. that's one month earlier than last month's game. fox sports says one reason is that the super bowl will be played in the new york market. it's estimated that some 30-second spots sold for more than $4 million. >>> and, anne-marie, you have a smartphone, right? maybe a smart tv? but how about a smart bra? well, it's a concept from micro
. >>> a federal reserve survey found the economy held steady during the 16-day government shoulddown. the government released its beige book survey yesterday. seven of the bank's 12 banking districts found the growth moderate. most will not change its stimulus program when it meets on december 17th. >>> start the presses. "newsweek" is going back into print. paper copies of "newsweek" will begin rolling off the presses next year. "newsweek"...
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Dec 10, 2013
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>> it's our government's job to protect all of us and also to protect our freedoms and protect the economy and companies and i think that they did a bad job of balancing those things here of. >> reporter: the companies argue the national security agency is going too far in the bullet collection of phone and internet date -- in the bulk collection of phone and internet data, information from classified documents leaked by edward snow deny suggesting the nsa is stealing communications from internet providers by tapping into tables connecting the servers in overseas data centers. in today's letter the tech firm said they are now tightening internal cyber security. we are focused on keeping users' data secure, deploying the latest encryption technology to prevent unauthorized surveillance. the tech firms are also fighting back against surveillance which is authorized. the internet companies say courts too often are compelling them to turn over potentially sensitive customer data. video the u.s.-based firms are worried all of this is bad for business. the yahoo chief says massive government sno
>> it's our government's job to protect all of us and also to protect our freedoms and protect the economy and companies and i think that they did a bad job of balancing those things here of. >> reporter: the companies argue the national security agency is going too far in the bullet collection of phone and internet date -- in the bulk collection of phone and internet data, information from classified documents leaked by edward snow deny suggesting the nsa is stealing communications...
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Dec 7, 2013
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but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched.
but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched.
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Dec 4, 2013
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. >>> later today president obama talks about the economy and his call for increasing the minimum wage. in his speech the president will address the income gap between rich and poor. yesterday the subject was health care, the president urging americans to give his affordable care act a second look. major garrett reports. >> reporter: president obama asked the country for a second chance. as he did so, the president joked about the wild promises, his words, that he made about the health care law itself. promises will be fewer in the future, the president said. adding improved performance will turn obama care around. >> our poor execution in the first couple of months on the website clouded the fact that there are a whole bunch of people who stand to benefit. now this we now that we're getting technology fixed, we need to go back and take a look at what's actually going on because it can make a difference in your lives and the lives of your families, and maybe it won't make a difference right now fw you're feeling healthy, but i promise you, if somebody in your family, heaven forbid, get
. >>> later today president obama talks about the economy and his call for increasing the minimum wage. in his speech the president will address the income gap between rich and poor. yesterday the subject was health care, the president urging americans to give his affordable care act a second look. major garrett reports. >> reporter: president obama asked the country for a second chance. as he did so, the president joked about the wild promises, his words, that he made about the...
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Dec 9, 2013
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officials expect the nations economy to improve in the new year. that could put a stop to the big games on wall street over the past couple of months. the stocks were flying high friday after the announcement of a stronger than expected jobs report. the dow finished 198 points higher, the nasdac rose 29. and interesting information about the new rich in our country. a survey shows 21% of u.s. adults become rich for part of hair lives, earning a household income of a quarter million dollars or more at some point. those in the group made up of older professionals, working married couples, and educated singles usually make at least six figures a year during other periods which is in the top 20% of earners. frank and michelle? >> okay, wendy. well the world will have a new biggest airline today, right? >> it's going to be in the u.s.. american airlines will merge with u.s. airways when their deal goes through later today. the government had tried to block the merger. the deal will lift american airlines out of bankruptcy protection. >> okay, wendy, liv
officials expect the nations economy to improve in the new year. that could put a stop to the big games on wall street over the past couple of months. the stocks were flying high friday after the announcement of a stronger than expected jobs report. the dow finished 198 points higher, the nasdac rose 29. and interesting information about the new rich in our country. a survey shows 21% of u.s. adults become rich for part of hair lives, earning a household income of a quarter million dollars or...
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Dec 6, 2013
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the economy has added an average of 202,000 jobs a month from august to october. the unemployment level stands at 7.3%. indications that the fed may cut back its economic stimulus sent stocks lower on wall street. the dow jones industrial average lost 68 points, its fifth straight day of decline. the nasdaq fell 4 points. asian markets were cautious ahead of the u.s. jobs report. tokyo's nikkei gained nearly 1% and hong kong's hang seng added a fraction. >>> general motors is pulling most of its chevrolet brand from europe. most chevy sales in europe will end by the beginning of 2016. gm says it will concentrate its european sales efforts on its german made opal brand. they'll offer the corvette throughout europe. >>> and fast food workers demonstrated for higher wages yesterday. protests and work stoppages were held across the country. the effort to raise the minimum wage to $16 an hour began about a year ago led by the service employees international union. >>> and when a tennessee couple ordered breakfast at mcdonald's, drive-through, they got bucks instead. gr
the economy has added an average of 202,000 jobs a month from august to october. the unemployment level stands at 7.3%. indications that the fed may cut back its economic stimulus sent stocks lower on wall street. the dow jones industrial average lost 68 points, its fifth straight day of decline. the nasdaq fell 4 points. asian markets were cautious ahead of the u.s. jobs report. tokyo's nikkei gained nearly 1% and hong kong's hang seng added a fraction. >>> general motors is pulling...
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Dec 8, 2013
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it's everyday reinvesting for your personal economy. be careful babe. [ doorbell rings ] let's see what's cookin'. look at this. that's a swiffer. i don't have to climb up. did you notice how clean it looks? morty are you listening? morty? [ morty ] i'm listening! i want you to know. and i had like this four wheninch band of bumpslestening? it started on my back. that came around to the front of my body. and the pain from it was- it was excruciating. i did not want anyone to brush into me to cause me more pain than i was already enduring. i wanted to just crawl up in a ball and just, just wait till it passed. it's holiday time, and no fruit is as versatile as our ocean spray cranberries, which is why were declaring it the unofficial official fruit of the holidays! the fig's gonna be so bummed. [ laughs ] for holiday tips and recipes, go to oceanspray.com. ♪ >> osgood: carefree highway is just one of the songs that earned gordon lightfoot a secure place in the ranks of modern singer/songwriters. this morning he talk to john blackstone
it's everyday reinvesting for your personal economy. be careful babe. [ doorbell rings ] let's see what's cookin'. look at this. that's a swiffer. i don't have to climb up. did you notice how clean it looks? morty are you listening? morty? [ morty ] i'm listening! i want you to know. and i had like this four wheninch band of bumpslestening? it started on my back. that came around to the front of my body. and the pain from it was- it was excruciating. i did not want anyone to brush into me to...
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. >> reporter: it's part of a grim larger picture of the economy. >> they are bad jobs, most of them. the jobs that are coming back pay less than the jobs we lost in the great recession. we have a growing army of low- wageworkers. >> reporter: but the story did not start with the recession. it goes back decades. >> starvation of wages and decline, in fact of many people's wage, has been going on since the late 1970s. we didn't really recognize that. >> reporter: instead americans found different ways to cope. in the '70s and '80s, huge numbers of women entered the workplace, partly to boost their family income. in the '90s, americans found themselves working longer hours. when they didn't work, people used their homes as piggy banks or backed out their credit cards. >> and now all of the coping mechanisms are exhausted. people have to face the fact that wages are going nowhere. >> reporter: that hurt the any for all of us. >> if they don't get paid more, they can't turn around and buy stuff. >> reporter: the cost that employers will not cover, that's picked up by you. >> rest of us su
. >> reporter: it's part of a grim larger picture of the economy. >> they are bad jobs, most of them. the jobs that are coming back pay less than the jobs we lost in the great recession. we have a growing army of low- wageworkers. >> reporter: but the story did not start with the recession. it goes back decades. >> starvation of wages and decline, in fact of many people's wage, has been going on since the late 1970s. we didn't really recognize that. >> reporter:...
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Dec 9, 2013
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. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week decline. >>> and "frozen" frosted ""the hunger games."" the disney animation took first place with $31 million in ticket sales. after dominating the box office for two weeks "the hunger games: catching fire" came in second. "out of the furnace" was a distant third at $5 million. >> i sense the theme, we're moving to cold weather so that's something we want to see on the big screens or something along those lines. >> how parallelous. >> thanks a lot, wendy. >>> straight ahead, your monday morning weather. and in sports, follow the bouncing ball. the steelers try to lateral their way across the dolphins. we'
. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week...
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Dec 5, 2013
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salaries have to be based on the economy and what the economy in the area can bear. >> the national restaurant association says walk-outs like those planned for today are stunts staged by union-paid protesters and most industry employees are happy. >> we have plenty of opportunities for people to come in part time few hours and prove themselves and move up the ladder. >> reporter: but workers believe the fight for higher wages is the best opportunity for a better life. she plans to join the strike today and is not giving up on her $15 goal. >> when you sfit for something and you believe in it you're going to get it. >> reporter: nancy said she was paid to protest earlier this year but said organizers provided her that money to make up for a lost day of work. charlie, norah, gayle. >> terrell brown, thank you. >>> the white house sure goes all out for the holidays. first lady michelle obama unveiled the annual christmas decorations on wednesday and welcomed the children of military families for the party. the first family's newest edition, their dog sonny stole the spotlight. major garrett is a
salaries have to be based on the economy and what the economy in the area can bear. >> the national restaurant association says walk-outs like those planned for today are stunts staged by union-paid protesters and most industry employees are happy. >> we have plenty of opportunities for people to come in part time few hours and prove themselves and move up the ladder. >> reporter: but workers believe the fight for higher wages is the best opportunity for a better life. she...
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we could be in for a very strong open here on wall street because the economy added a better-than-expected 203,000 jobs last month. wall street was expecting 180,000. the unemployment rate fell to 7% from 7.3%. that is better than expected. and that report may convince the fed to finally scale back its stimulus program. not necessarily something wall street wants to see happen. nevertheless, stock futures are reacting. they are pointing to a higher open. yesterday the dow fell for the fifth straight day down 68 points and the nasdaq slipped 4. los angeles is suing wells fargo and citigroup for mortgage discrimination. l.a.'s attorney general claims the bank's practices led to a wave of foreclosures in black and hispanic neighborhoods driving down property values and costing the city hundreds of millions in tax dollars. it's also more expensive to finance a home this week. according to freddie mac, the average rate on a 30-year fixed loan jumped to 4.46% from 4.29% last week. the rate on a 15-year loan increased to 3.47%. well, brace yourself because milk prices could double next year to $7
we could be in for a very strong open here on wall street because the economy added a better-than-expected 203,000 jobs last month. wall street was expecting 180,000. the unemployment rate fell to 7% from 7.3%. that is better than expected. and that report may convince the fed to finally scale back its stimulus program. not necessarily something wall street wants to see happen. nevertheless, stock futures are reacting. they are pointing to a higher open. yesterday the dow fell for the fifth...
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Dec 7, 2013
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so what does that mean for the economy? cbs news contributor and analyst melody hobson joins us from chicago. good morning. i've sort of covered all the good news was there any bad news in the latest report? >> there was a lot of good news in that report 203,000 jobs you've mentioned. the september and october numbers were revised up. the unemployment rate hit a five-year low at 7%. and where the jobs were coming from, that was great news. construction professional services, manufacturing. those are higher-paying jobs. which is why we saw wages by the hour go up for the moth. and also the work week be a bit longer so if you look across the board, the news was very, very good. >> the markets, the dow rallied 200 points on this which is interesting, because in recent weeks, when there's been good news, the dow has tended to pull back. in part because it's afraid that that will mean the fed will start pulling stimulus out of the economy. why did the market go up yesterday, do you think? >> i think two things went on at once. i
so what does that mean for the economy? cbs news contributor and analyst melody hobson joins us from chicago. good morning. i've sort of covered all the good news was there any bad news in the latest report? >> there was a lot of good news in that report 203,000 jobs you've mentioned. the september and october numbers were revised up. the unemployment rate hit a five-year low at 7%. and where the jobs were coming from, that was great news. construction professional services,...
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Dec 6, 2013
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that's good news overall for the economy. could push the fed towards tapering its bond issues sooner than some people may like but this is good news all the way around. let's look at the market. it is reacting in a positive fashion today. the dow is up 127 points. nasdaq is gaining 27. s&p up by 14. >>> brooks, we thank you. have a great weekend. >>> he practiced. >> i wrote it down. 6:45. let's check the roads. >> reporter: in a quick note we have police activity in san jose around almaden and san carlos. streets are blocked in the area. we are trying to figure out what's going on. heads up if you are traveling in the area. let's go outside. here's a live look over at the bay bridge toll plaza. the metering lights were turned on later than typical. so a lot of folks may be taking today off. you will notice if you look closely some flashing lights around the middle of the screen, there is a multicar accident. it sounds like a smaller fender- bender minor injuries. but it is in agore point. traffic is so light no major delays
that's good news overall for the economy. could push the fed towards tapering its bond issues sooner than some people may like but this is good news all the way around. let's look at the market. it is reacting in a positive fashion today. the dow is up 127 points. nasdaq is gaining 27. s&p up by 14. >>> brooks, we thank you. have a great weekend. >>> he practiced. >> i wrote it down. 6:45. let's check the roads. >> reporter: in a quick note we have police...
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Dec 3, 2013
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only likely to go after you for taxes on big items like cars or art, when it comes to the fluctuating economy of california, you never know when a simple cyber monday purchase could haunt you. >> there have been moments when they needed every dime they could get. >> reporter: julie watts, kpix 5. >> earlier this year, the u.s. senate passed the marketplace fairness act. it would require retailers with over a million dollars in sales to collect state tax but the bill is stalled in congress. >>> coming up at 5:19, how low will they go? a look at whether gas prices are still dropping now that thanksgiving is over. >>> and i'm dennis o'donnell. coming up, the 49ers look to gain some ground in the nfc west and the a's add some pitching to the roster in a big, bi shake-up. we'll tell you who is coming and going. >> what's cool about your school? email your nomination to us at coolschools@kpix.com. we may come and feature your school on the show. ,,,,,,,,,,,, >>> cold front sliding into the bay area. a major change in the weather coming our way. get ready for freezing temperatures. we'll talk about
only likely to go after you for taxes on big items like cars or art, when it comes to the fluctuating economy of california, you never know when a simple cyber monday purchase could haunt you. >> there have been moments when they needed every dime they could get. >> reporter: julie watts, kpix 5. >> earlier this year, the u.s. senate passed the marketplace fairness act. it would require retailers with over a million dollars in sales to collect state tax but the bill is stalled...
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Dec 2, 2013
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but the economy remains fragile. especially at the lower income level. and i think that has the retailers very, very nervous. people are absolutely looking for bargains. promotions are top of mind. 50% of shoppers this weekend said they were looking for a bargate, looked for promotions before they went to the store. a third said that they compared prices. through their device smartphone tablet whatever they were carrying around because they are armed and ready and will not buy until they see bargains. i call it a promotional arms race that's going on amongst the retailers. >> okay my inbox is a promotional arms race. there's a sale on everything. >> and most people today know how to seek information better than they've ever done before because of the online femme on none. >> that's right. the online has not increased the amount of shopping people are doing it's increased the ways they shop. that billion dollar number was significant and there's certainly more of the weekend spending was on line 44%. four out of every ten americans bought something online
but the economy remains fragile. especially at the lower income level. and i think that has the retailers very, very nervous. people are absolutely looking for bargains. promotions are top of mind. 50% of shoppers this weekend said they were looking for a bargate, looked for promotions before they went to the store. a third said that they compared prices. through their device smartphone tablet whatever they were carrying around because they are armed and ready and will not buy until they see...
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Dec 4, 2013
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these trends are bad for our economy. one study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. and that makes sense. when families have less to spend that means businesses have fewer customers. and households rack up greater mortgage and credit card debt. meanwhile concentrated wealth at the top is less likely to result in the broodly based consumer spending that drives our economy. rising inequality and declining mobility are also bad for our families and social cohesion, not just because we tend to trust our institutions less, but studies show we actually tend to trust each other less when there's greater inequality. and greater inequality is associated with less mobility between generations. that means the effects last. it creates a vicious cycle. for example, by the time she turns three years old, a child born into a low-income home hears 30 million fewer words than a child from well-off family. which means by the time she starts school she is already behind an
these trends are bad for our economy. one study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. and that makes sense. when families have less to spend that means businesses have fewer customers. and households rack up greater mortgage and credit card debt. meanwhile concentrated wealth at the top is less likely to result in the broodly based consumer spending that drives our economy. rising inequality and declining mobility are also bad...
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so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will be willneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal costs per hour have gone up 10% to 25%? >> well, you have to put that question in context. first of all most of our low wage jobs are in the retail and service industries. a study was done on impact of raging minimum wage to $12.25. in the real retail industry that would amount to 1 hers of annual sales. 6% of payroll. so we're not talking about a dramatic shift, number one. number two, would you hire them? i think the answer is if you want to stay in business and want to stay competitive, yes, you will. no question about it. we're lookin
so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will be willneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal...
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economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to stephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed coziedup to us. >> i see it you could work as a child of the cold wind. in arkansas with people working two years with their kids is 60,000 but that is on a lot in california just with cost-of-living does not always work is great to raise minimum-wage there is too many variables that point to a clear path but ideally you do not want that of all wages and the recession you want to increase unemployment and you want those of benefits to drive wages down and the value could save that with unemployment benefits but they could never do that to adjust the problem with having a supply of that now is you want peop
economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to stephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed coziedup to us. >> i see it you could work as a child of the cold wind. in arkansas with people...
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>> the idea is that it grows when the economy is bad and it contracts when the economy starts to improve. projections are that in the next five years it will go back at the 1996 levels to ensure its economy and the point is to boost wages. neil: one people out of seven people, isn't that bad? >> one person out of seven people is about $23,000 a yer getting for food stamps. >> i'm not sure it's one out of seven. but what i hear what melissa is saying. it's a bad economy. 65% of groceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a requirements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what they are saying is rescue the food stamp program for the truly poor. the. neil: we could go back and forth for who is really poor and who is not poor. but you could go beyond food stamps, now you are close to one out of three americans getting assistance. and it
>> the idea is that it grows when the economy is bad and it contracts when the economy starts to improve. projections are that in the next five years it will go back at the 1996 levels to ensure its economy and the point is to boost wages. neil: one people out of seven people, isn't that bad? >> one person out of seven people is about $23,000 a yer getting for food stamps. >> i'm not sure it's one out of seven. but what i hear what melissa is saying. it's a bad economy. 65% of...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to kaiser reports on our. system. of a. with wealth inequality in america an all time high and congressional approval ratings are an all time low it's no wonder why people are worried about the future of this country today money not only means power it means political speech and the more wealth of the consolidated at the top the less people feel they have the power to change the system by the wealthy and powerful interests working to get the people all the time there are still plenty of steps we can take right now right here to democratize our local economies here to break down what exactly those depths armed i'm a professor of political economy the university of maryland gar al pair of it thank you so much for coming on alex i already are sorry i'm sorry you're used to research foreign policy and starting with a world war two all the way to vietnam kind of analyzing the u.s. empire crimes what inspired. your switch to domestic economics well
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to kaiser reports on our. system. of a. with wealth inequality in america an all time high and congressional approval ratings are an all time low it's no wonder why people are worried about the future of this country today money not only means power it means political speech and the more wealth of the consolidated at the top the less people feel they...
SFGTV2: San Francisco Government Television
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i worked in the space called the sharing economy. i want to pick up on something when we look at shared resources it's not just transportation it's he stind into every sector for services for children and the list goes on. and when we think about sharing assets as opposed to ownership them it's really good for that community building. and mayor lee you were one of the 15 mayors to sign the sharing resolution declaring our support. i'd like to hear our violation. but really around collaboration what does this mean for the government and vavns mechanisms and so forth >> gosh i could talk about the sharing but are other areas like mission bay and the pharmaceutical lavishes like fiber and bayer we did a lot in the infrastructure to visit them in but their you roifls the federal research dollars are a drying up so their innovating. they start thinking sharing we when you going down there today you see those expensive labors that are being shared by two or three pharmaceutical companies that wouldn't talk to each other years ago but they
i worked in the space called the sharing economy. i want to pick up on something when we look at shared resources it's not just transportation it's he stind into every sector for services for children and the list goes on. and when we think about sharing assets as opposed to ownership them it's really good for that community building. and mayor lee you were one of the 15 mayors to sign the sharing resolution declaring our support. i'd like to hear our violation. but really around collaboration...
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coming up i'll speak with one activist who wants to democratize our local economies and most show you how. the continuing inconsistent rise of china beat the clearing district to fly zones or a critical view on the subject of buying u.s. dollar did in fact it would appear that china is tearing a page from washington's playbook to make rules to its geopolitical interests. fact that it's. over. did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy correct albus. role. in fact the single biggest threat facing our nation today is the corporate takeover of our government and across several we've been hijacked why handful of transnational corporations will profit by destroying what our founding fathers once built up my job market and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem trying rational debate and a real discussion critical issues facing america to find a job ready to join the movement then walk away from the b
coming up i'll speak with one activist who wants to democratize our local economies and most show you how. the continuing inconsistent rise of china beat the clearing district to fly zones or a critical view on the subject of buying u.s. dollar did in fact it would appear that china is tearing a page from washington's playbook to make rules to its geopolitical interests. fact that it's. over. did you know the price is the only industry specifically mentioned in the constitution and. that's...
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Dec 6, 2013
12/13
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KQED
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horse economy. it ain't a racehorse. it ain't going to run the kentucky derby but it's not going to kill over and die, either. right now business leaders and executives are stuck in the middle. they don't see a boom coming but worried about problems and clearly worried about uncertainty with government policy. what that does is sticks them in the middle. i think another couple quarters of good economic data, more news of positive job growth and you're likely to see that happen. >> okay. >> one other quick thing and that is it just costs less to buy computers today, to make investmen investments. their businesses are investing but sometimes when we look at the spending itself, if they spend less on a computer, it may look like they are not even though they are investing. >> we'll see what 2014 holds. >>> meanwhile, mortgage rates edged higher this week following encouraging data about new home sales and job growth. the average rate on a 30-year fixed rate is 4.46%, up from 4.29% just last week, accor
horse economy. it ain't a racehorse. it ain't going to run the kentucky derby but it's not going to kill over and die, either. right now business leaders and executives are stuck in the middle. they don't see a boom coming but worried about problems and clearly worried about uncertainty with government policy. what that does is sticks them in the middle. i think another couple quarters of good economic data, more news of positive job growth and you're likely to see that happen. >> okay....
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Dec 7, 2013
12/13
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FOXNEWSW
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one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and a
one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be...
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Dec 8, 2013
12/13
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KNTV
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>> janet yellen is looking at a economy that's recovered a little bit. there's no sign of inflation. on the other hand what they're doing right now is extraordinary. i don't think they really felt comfortable doing these extraordinary things the and they'd like to stop doing them as soon as they can. >> we know in washington the two sides of the aisle have not had many things that they have had in common. it looks like we could get some sort of a small budget deal. if you have murray on one side and paul ryan, the congressman. if the two of them can come up with something, even if it's a small deal, what would that do to economic growth in the first half of next year? >> certainty is never good for the economy. uncertainty driven by policy. it's certainly not good for the economy. i feel quite good that murray and ryan are on this. two serious legislatures. they want to come to a deal. it's not going to be a grand bargain. we're not going to see the fundamental restructuring that we need to see. that can will be kicked down the road as it has been. even
>> janet yellen is looking at a economy that's recovered a little bit. there's no sign of inflation. on the other hand what they're doing right now is extraordinary. i don't think they really felt comfortable doing these extraordinary things the and they'd like to stop doing them as soon as they can. >> we know in washington the two sides of the aisle have not had many things that they have had in common. it looks like we could get some sort of a small budget deal. if you have...
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is not unique to america's market economy across the developed world that inequality has increased some some you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people in the united states every year die from lack of health health care for example adam smith a brilliant economist and minister whose book theory of moral sentiments should be read long before explains in the book the senate moral sentiments ups or another matter what the basis in this book that he wrote on the right or the theory of bill explains that when an earthquake kills ten thousand people in china we don't feel it and we're not as impacted the way we are when one of our neighbors has a break a leg or falls it's just every ality of how humans work that's no indictment on any particular econo
is not unique to america's market economy across the developed world that inequality has increased some some you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people...
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Dec 10, 2013
12/13
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CNNW
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>> this deal does not help the economy. we need a growing economy. we need less regulations and we haven't even talked about the president's health care plan. you have to roll back on something. >> i have to say that continuing with this sequester, this austerity budget which it is by any other term is the worst for the economy. it kills job growth. it kills investment. it is the poorest of economics. that's why we're not fully recovered. if congress would get out of the way, i think the economy would have fully recovered. >> i want to thank both of you for being here. the rest of you, i want to you stay engaged with us. to go facebook or twitter to weigh in on our fire back question. are you happy with the budget deal? right now 40% of you say yes. 60% of you say no. the debate will continue online at cnn.com/crossfire as well as facebook and twitter. from the left. i'm van joenls and i'm happy. >> from the right, i'm s.e. cupp and i'll wait to see. join us tomorrow for another edition of "crossfire." erin burnett "outfront" starts right now. >>> co
>> this deal does not help the economy. we need a growing economy. we need less regulations and we haven't even talked about the president's health care plan. you have to roll back on something. >> i have to say that continuing with this sequester, this austerity budget which it is by any other term is the worst for the economy. it kills job growth. it kills investment. it is the poorest of economics. that's why we're not fully recovered. if congress would get out of the way, i...
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economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: the jobs market seems to be going in the right direction of that will it allow jobless benefits anyway? we have christopher dodd and jaundice and do you feel based on today's numbers it was a key jobs report that first of all, to start with men of wage? raised the minimum wage? >> no reason why people who work full time should not be able to afford to live. read a living wage where people could feel proud of what they do of what ever it is said the jobs created our service level jobs. a lot of people who have been through world war i of the unionized workers are of manufacturing paint is working in the service sector. then now these people go to work but now the government has to subsidize. stay back here is the
economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: the jobs market seems to be going in the right direction of that will it allow jobless benefits anyway? we have christopher dodd and jaundice and do you feel based on today's numbers it was a key jobs report that...
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in order for an economy to work beyond just watch car mow lawn and even way back you have to have sing like stable currencies a stable banking system a predictable and fair court system actual rules you know who's responsible if the winner gets broken you have to have transportation electrical water septic communications infrastructure all of this is paid for by we the people you have a criminal justice system to enforce the rules of the game of business you even need a workforce educated at the public expense and protected with public pension called social security. so this whole idea that you know it's a right in a free capital is nonsense it's a privilege to have access to all that stuff the eat that all of us pay for with our tax dollars next if we made such stupid laws that they must pay what some outsider decides is a living wage we get to teddy roosevelt the moment they will simply move their physical business overseas well yeah unless you have a rational trade policy from the george washington and ministration until the reagan revolution and certainly with nafta calf to shaft t
in order for an economy to work beyond just watch car mow lawn and even way back you have to have sing like stable currencies a stable banking system a predictable and fair court system actual rules you know who's responsible if the winner gets broken you have to have transportation electrical water septic communications infrastructure all of this is paid for by we the people you have a criminal justice system to enforce the rules of the game of business you even need a workforce educated at...
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Dec 4, 2013
12/13
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ALJAZAM
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it will be good for our economy and our families. [ applause ] >> number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they are found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of pant plant -- plants packing up. land locked rural areas where young folks feel like they need to leave just to find a job. so we have put forward new plans to help these communities and their residents because we watched cities like pittsburgh or my hometown of chicago revamp themselves, and if we give more cities the tools to do it, not hands out, but a hand up, industries like detroit can do it too. so in a few weeks we'll announce the first of these promise zone where we're support local efforts, focused on national goals. ♪ [ applause ] >> and we're also going to do more for the long-term unemployed. for people who have been out of work for more than six months often through no fault
it will be good for our economy and our families. [ applause ] >> number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they are found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of pant plant -- plants packing up. land locked rural areas where young folks feel like they...
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Dec 9, 2013
12/13
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LINKTV
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many analysts now talk about mexico as the next tiger economy, or leopard economy, because there are no tigers in mexico. economic principle tells us that free trade or at least freer trade will mean lower consumer prices and in the long-term, job security and a stable, competitive economy. but in the real world, the short-term world, all of us and our elected officials find it hard to turn away from the plight of those whose jobs are threatened by competition from abroad, no matter how fair that competition. for "economics usa" this is david schoumacher. annenberg media ♪ annenberg media ♪ gold was the standard agait which most of the world valued its currency. why would the united states break from the gold standard in 1933? in 1944, world leaders designed a blueprint for a new international monetary order, a plan dependent upon the strength of the american dollar. what led to the collapse of the heralded bretton woods agreements?
many analysts now talk about mexico as the next tiger economy, or leopard economy, because there are no tigers in mexico. economic principle tells us that free trade or at least freer trade will mean lower consumer prices and in the long-term, job security and a stable, competitive economy. but in the real world, the short-term world, all of us and our elected officials find it hard to turn away from the plight of those whose jobs are threatened by competition from abroad, no matter how fair...
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coming up i'll speak with one activist who wants to democratize our local economies and most show you how. to get a quote for you. today where it's a story. because this guy like you would save your stead of working for the people most issues the biggest reason we're right on stage. is. we're in the bedroom. i think. everybody. did you know the price is the only industry specifically mention of the constitution in chicago that's because a free and open press is critical to our democracy trade albus. in fact the single biggest threat facing our nation today is the corporate takeover of our government and oppressive like oh we've been a hydrogen why a handful of transnational corporations that will profit by destroying what our founding fathers but once told us my job market and on this show we reveal the big picture of what's actually going on in the world if we go beyond identifying the problem to try to fix rational debate and a real discussion critical issues facing america if i ever feel ready to join the movement then welcome to the big picture. with wealth inequality in america a
coming up i'll speak with one activist who wants to democratize our local economies and most show you how. to get a quote for you. today where it's a story. because this guy like you would save your stead of working for the people most issues the biggest reason we're right on stage. is. we're in the bedroom. i think. everybody. did you know the price is the only industry specifically mention of the constitution in chicago that's because a free and open press is critical to our democracy trade...
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it's a bad economy. 65% of groceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a requirements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what they are saying is rescue the food stamp program for t truly poor. the. neil: we could go back and forth for who is really poo and who is not poor. but you could go beyond food stamps, now you are close to one out of three americs getting assistance. and it makes my head spin. because the direction is that we need to relax the standards or the economy will start to have no choice but to expand this program to the degree we have. it is unaffordable. it is untenable, is not? >> food staps are not expected to be contributing to our long-term death of deficit. neil: the amount of money that we are committing, and the top that we are talking about, you're right about the impr
it's a bad economy. 65% of groceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a requirements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what they are saying is rescue the food stamp program for t truly poor. the. neil: we could go back and forth...
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is not unique to america's market economy across the developed world that inequality has increased. so you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people in the united states every year die from lack of health health care for example adam smith a brilliant economist and minister whose book theory of moral sentiments should be read long before explains in the book the senate moral sentiments ups or another what the basis in this book that he wrote on the right of the theory of bill explains that when an earthquake kills ten thousand people in china we don't feel it and we're not as impacted the way we are when one of our neighbors has a break a leg or falls it's just every ality of how humans work that's no indictment on any particular economic syste
is not unique to america's market economy across the developed world that inequality has increased. so you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people in...
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Dec 5, 2013
12/13
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CSPAN
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cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on c-span, washington journal looks at the mission and role of the national institutes of health, starting live at 7:30 eastern. :30.:00, followed at 8 at 9:00, national cancer institute director. at nine: 30, a look at the national institute of mental health among all with your calls and comments, live on c-span. >> from age eight, betty ford knew she wanted to do something with dance. plays and skits and to bennington, vermont, where she studied at the school of dance. these are some of her notecards from her spiral mode books where she kept no
cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on...
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Dec 7, 2013
12/13
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is there a connection between rebound in the economy and the healthcare act? >> the link is tha this law all thetually for attention to it now is more than three years old, that, you know, jobs growth, you might say, despite the affordable care act, despite the predictions from republicans and its other opponents that this killer, theob consistent description for it, and jay carney opened up his houseng at the white today by suggesting that the eachgrowth consecutively month have coincided with the time period in fact the affordable care act has been on the books. gwen: is that plausible? >> no. the one case they do have is that there are fewer people part-time involuntarily and that was supposed to be something that was going to happen because of the affordable care act. it looks like the shutdown and all that furor didn't really stop the economy. gwen: the word they've been using instead is because the resilient is why it's happened. that's the good news part of it goes so far because just under the surface, there was a lot of evidence of uncertainty. headed
is there a connection between rebound in the economy and the healthcare act? >> the link is tha this law all thetually for attention to it now is more than three years old, that, you know, jobs growth, you might say, despite the affordable care act, despite the predictions from republicans and its other opponents that this killer, theob consistent description for it, and jay carney opened up his houseng at the white today by suggesting that the eachgrowth consecutively month have...
SFGTV2: San Francisco Government Television
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Dec 2, 2013
12/13
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government and nonprofit and regulatory bodies to reinforce our collective plan to have a thriving economy. we share best practices and collaborate to educate the public. and we've realized on many of you who are in the audience. let's get back to where i started people who are crazy enough to think they can change the world do we have them here from leader nancy pelosi who has been protecting the environment to mayor ed lee who is building the extension programs who has helped to there our focuses and effectiveness and strengthen our role 90 in government and the architect is being trormd. we should all take heart from their transformational change. we've shown we can continue our focus to our values we'll indeed have an impact on the federal government in the lives of the american people and hopefully on the world stage where america continues to lead. now we have a woman who needs little introduction nancy pelosi is the representative for the one hundred and 31st congress reforming the political system to create clean campaigns and concocting reforms and slurring the neighborhoods and s
government and nonprofit and regulatory bodies to reinforce our collective plan to have a thriving economy. we share best practices and collaborate to educate the public. and we've realized on many of you who are in the audience. let's get back to where i started people who are crazy enough to think they can change the world do we have them here from leader nancy pelosi who has been protecting the environment to mayor ed lee who is building the extension programs who has helped to there our...